Eligibility Criteria  ~

  1. Company Registration: The applicant must be a legally registered entity in accordance with the laws of the Government of India. Acceptable registrations include:
  • Private Limited Company registered under the Companies Act, 2013.
  • Partnership firms registered under the Indian Partnership Act, 1932.
  • Sole proprietorships with valid government registration.
  1. Sector Alignment: The business idea or product must align with the focus areas of the incubation centre, such as technology, healthcare, education, or other priority sectors.
  2. Innovative Idea: The proposed product, service, or solution should demonstrate innovation and have the potential for commercialization.
  3. Team Composition: The startup should have a dedicated team with at least one full-time founder or co-founder and CEO.
  4. Financial Status: Applicants must not have raised more than a specified amount of funding prior to applying for incubation (____ specified amount).
  5. Commitment: Applicants should commit to the terms and policies of the incubation centre, including active participation in programs, reporting requirements, and mentorship activities.
  6. Commitment: Compliance: The applicant must comply with all legal, ethical, and financial guidelines as mandated by the HBTU-TBI Foundation and the incubation centre.
  7. Exclusions: Businesses involved in activities prohibited by Indian law or inconsistent with the objectives of the incubation centre will not be eligible.

b)  Required Document ~

  1. Certificate of Incorporation: Issued after the company name is approved by the Registrar of Companies (RoC).
  2. Memorandum of Association (MoA): Defines the company’s objectives and purpose.
  3. Articles of Association (AoA): Outlines the rules and regulations for the company’s operations.
  4. Registered Office Proof: No-objection certificate (NOC) from the HBTU, if applicable.
  5. Identity and Address Proof of Directors:PAN card, Passport, Aadhaar card, voter ID, or driving license.
  6. Identity and Address Proof of Shareholders:
  7. Bank Account Proof: Cancelled cheque or bank statement for the company’s account.
  8. GST Registration Certificate: Mandatory if the company’s turnover exceeds the GST threshold or operates in inter-state trade.